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Implications of the new EC measures

The introduction of new cooling measures to regulate the Executive Condominium (EC) scheme will encourage developers to be more conscious of the income ceiling of its potential buyers and their ability to afford the EC purchase. With the new Mortgage

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New cooling measures targeted at EC buyers

The Ministry of National Development (MND) has introduced three new measures to align the executive condominium (EC) scheme with that of public housing and support a sustainable EC market. Firstly, the cancellation fees for ECs has been reduced from 20

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SkyPark Residences is most popular EC in 2013

The e-application exercise for SkyPark Residences, the seventh and last executive condominium (EC) to launch in 2013, closed on Sunday attracting over 1,600 applications, or more than three times the 506 units available. Jointly developed by JBE Holdings and Keong Hong

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